The Home Depot, Inc. (HD) vs Walmart Inc. (WMT)
A side-by-side comparison of The Home Depot, Inc. and Walmart Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.
Different business models: HD is classified in Consumer Cyclical; WMT is classified in Consumer Defensive. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
HD
The Home Depot, Inc.
$344.47Consumer CyclicalDelayed quote: Jul 28, 2026, 4:00 PM EDT
WMT
Walmart Inc.
$113.10Consumer DefensiveDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — HD vs WMT
growth of $100 · dividends reinvested · last 30yHD +5054.3%WMT +4540.3%HD compounded faster
HD WMT
HD vs WMT: by the numbers
- •WMT is the larger company ($900.06B vs $343.48B market cap).
- •HD trades at the lower trailing earnings multiple (23.87 vs 39.21 P/E), one valuation lens rather than an overall verdict.
- •HD converts more revenue to profit (8.41% vs 3.13% net margin).
- •WMT grew revenue faster over the past five years (5.20% vs 3.34% CAGR).
- •HD pays the higher dividend yield (2.76% vs 0.86%).
Metrics side by side
Valuation
| Metric | HD | WMT |
|---|---|---|
| P/E ratio | 23.87 | 39.21 |
| Forward P/E | 23.19 | 42.36 |
| P/S ratio | 2.01 | 1.23 |
| P/B ratio | 24.13 | 9.48 |
| PEG ratio | N/A | 3.29 |
| EV / EBITDA | 16.23 | 21.35 |
| FCF yield | 4.28% | 1.40% |
Profitability
| Metric | HD | WMT |
|---|---|---|
| Gross margin | 33.13% | 24.98% |
| Operating margin | 12.45% | 4.16% |
| Net margin | 8.41% | 3.13% |
| ROE | 100.99% | 24.10% |
| ROIC | 19.03% | 11.87% |
Dividends
| Metric | HD | WMT |
|---|---|---|
| Dividend yield | 2.76% | 0.86% |
| Payout ratio | 64.89% | 35.22% |
Growth (annualized)
| Metric | HD | WMT |
|---|---|---|
| Revenue CAGR (5Y) | 3.34% | 5.20% |
| EPS CAGR (5Y) | -2.18% | 10.95% |
| FCF CAGR (5Y) | -2.52% | -9.94% |
| Total return CAGR (5Y) | 3.08% | 20.16% |
Frequently asked
- Which has the lower trailing P/E, HD or WMT?
- HD has the lower trailing P/E: HD trades at 23.87 and WMT at 39.21. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, HD or WMT?
- Over the past five years, WMT grew revenue faster — HD at a 3.34% CAGR versus WMT at 5.20%.
- Does HD or WMT pay a bigger dividend?
- HD yields 2.76% and WMT yields 0.86% based on trailing dividends and the latest price.
- Is HD or WMT more profitable?
- HD runs the higher net margin — HD at 8.41% versus WMT at 3.13%.
- How have HD and WMT total returns compared?
- Over the past 10 years, HD delivered 12.13% and WMT delivered 18.43% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Home Depot P/E ratioWalmart P/E ratioHome Depot dividend yieldWalmart dividend yieldHome Depot ROEWalmart ROEHome Depot operating marginWalmart operating marginHome Depot revenue growthWalmart revenue growthHome Depot free cash flowWalmart free cash flow
Home Depot & Walmart appear in these rankings
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Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 28, 2026.